Thursday 17 December 2020

TSLA - Is this the way forward?

 The chart below is self explanatory and shows probable impulsive wave counts.

 


 
 

The other secondary possibility is that the light blue wave structure is the last extended wave 5 and the stock falls back to March 2020 lows of around 70. 

In either case, there is a correction imminent, which might first take the stock to around 400. That move, if it happens, likely will give a better idea of the move ahead.


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